One of the miracles of the free-market system is that when one person sells a share, there is another who is buying. Who are the current buyers when all are seemingly selling? (more…)
Archive for the ‘Coal’ Category
Invest in Mining in the Downturn (Recession/Depression)
Posted in Coal, Investing & Finance, Uranium, tagged invest, mining, shares on May 8, 2013 | 1 Comment »
Peabody Energy Protest and the state of the U.S. Coal Industry
Posted in About the news, Coal, Jobs and Salaries, tagged Coal, Patriot, peabdy energy, protest, strike, UMWA on February 14, 2013 | Leave a Comment »
In response to a request from Amy Shenker, I post the following from a news release she sent me. I post this willingly as the story is so sad and yet so illustrative of current issues in the U.S. coal mining industry. (more…)
Whistle Blowing in Mining and Heavy Civil Construction
Posted in Coal, consulting, health and safety, People, tagged OII, Professor Jennings, safety, whistle blow on January 31, 2013 | 3 Comments »
Chinese Miners in British Columbia Coal Mines?
Posted in About the news, Coal, health and safety, Human relations and mining, Jobs and Salaries, North America, tagged BC, chinese coal miners, court case, federal government, union on November 17, 2012 | 3 Comments »
Thus far I have refrained from commenting on the fact that Chinese miners are here and more are coming to mine coal in a British Columbia coal mine. It is the sort of topic crafted to get one into trouble whatever you write. But maybe the time is now right—considering a report that a Federal Court has agreed to decide if two British Columbia unions have standing to seek an injunction that would stop more Chinese coal miners coming to work at Tumbler Ridge. (more…)
Coal Refuse Disposal Facilities from MSHA
Posted in Coal, People, tagged coal refuse, john quaranta, MSHA, tailings and mine waste 2012 on October 19, 2012 | 1 Comment »
John Quaranta was probably the only person from the east of the USA and the coal tailings industry at this week’s Tailings & Mine Waste Conference. A pity and a challenge to future conference organizers. (more…)
Unpaid Coal Miners Forced to Attend Romney Ralley
Posted in About the news, Coal, People, tagged Coal, miner, Murray Energy, ralley, romney on September 22, 2012 | 2 Comments »
This is a blog about mining (and occasionally opera.) Sometimes I stray into politics, specifically the politics of mining and the politics that affect mining. Let me do the mining/politics thing in this post. At this link is a report that makes the blood boil and the hair curl. It is all about poor Mitt putting his foot in his mut yet again. In part the link notes: (more…)
Walking a tight-wire rope: jobs and profit in Australian mining
Posted in Australia and New Zealand, Coal, Jobs and Salaries, Latin America, Peru, tagged Australia, Chile, jobs, Peru, shovel, shovels, wire rope, wire ropes on September 17, 2012 | 3 Comments »
On the plane from Santiago to Dallas, I sat next to an Australian from Newcastle. He told me that he was on a round-the-world trip to promote his product. He explained that his company makes the wire ropes used on the big shovels so common in open-pit mining. (more…)
Obama vs Romney on Coal Mining and the Mining Downturn
Posted in About the news, Coal, Copper, Investing & Finance, People, Uranium, tagged anthony, cleopatra, Coal, Obama, octavian, republic, romney on August 27, 2012 | 1 Comment »
The kids and grandkids have left to return to California; the bikes are packed away; the towels for swimming washed; the plastic cups and dishes back on basement shelves; and a near-adult feel returns to the house. (more…)
Madrid, Spain Mining Riots for Coal Subsidies
Posted in About the news, Coal, Europe, tagged coal mine, hr 4402, madid, Spain, srike on July 11, 2012 | 1 Comment »
While the United States Congress debates HR4402, a bill which would make it easier and cheaper to mine in the United States, Spanish coal miners are protesting cuts by the Spanish government in subsidies to unprofitable coal mines. These two seemingly unlinked news stories, highlight the tricky question of to what extent a government should go to nurture a home-grown mining industry when it is cheaper to mine elsewhere. First some details of the Spanish situation from this report: (more…)
U.S. and Canadian Mine CEO Compensation 2011 to 2012
Posted in Coal, Jobs and Salaries, mining, tagged CEO, compensation, CostMine on June 21, 2012 | 2 Comments »
How much compensation does the executive of a Canadian mining company deserve? We cannot answer that question. We can only tell what they do earn. Here are some numbers from CostMines’ 2012 Survey Results, Canadian Mine Salaries, Wages and Benefits. It was made available yesterday. These numbers come from information that public companies must disclose, so no secrets revealed here. Numbers are in U.S. dollars for the year 2011. (more…)
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